There are a growing number of different cryptocurrencies out there, and Binance is one of them. Also known as BNB, Binance Coin was initially created as a token for the Binance exchange in 2017. At first, it was just used to pay transaction fees on this platform. However, in recent times, BNB has become accepted on a wider scale and can even be used to place bets at online casinos.
So, let’s take a look at all you need to know about Binance Coin casinos. Read on to find out more.
Top Binance Coin Casinos List (December 2022)
To get you started, we’ve taken a look at the best BNB casinos out there and rated them according to our standards. Here you can find the top Binance casinos. Choose one and get playing now.
BNB Coin Casino Games
Discover Binance Coin
As one of the top five crypto coins out there, Binance is on the rise. Binance Coin actually powers the whole of the Binance Exchange, which is the largest crypto asset exchange in the entire world. Founded in 2017 by Changpen Zhao and Yi He, the platform swiftly created and released BNB Coins just a few months later.
In the beginning, this coin was solely for use on the exchange, but now it’s got more popular outside it as well. This means that you can now choose to use this coin when playing at some crypto casinos too.
Games you can play at Binance coin casinos
Once you’re playing at BNB casinos, there’s a lot for you to enjoy. While there aren’t many Binance casinos available at the moment, those that do accept BNB offer a wide array of games. Here are some of the best casino games at Binance online sites:
- Slots — most of the top slots are available at Binance sites. These include games from leading providers like NetEnt, which means you’re going to get a great selection of games to choose from.
- Table games — there’s a wealth of different table games on offer too. You can enjoy blackjack, roulette, poker, and baccarat, all in virtual form at most Binance casinos.
- Live dealer games — it’s possible to get the thrill of real action too at a BNB casino. And this is thanks to the fact that most Binance sites will also have a strong live dealer section in place as well.
Pros and cons of playing at a Binance casino
There are a lot of good points when it comes to playing at Binance Coin casinos, but there are also some downsides. We’re going to take a quick look at the pros and cons associated with this cryptocurrency.
- It’s available at a number of online casinos
- You can use it to play a range of crypto games online
- It offers safe and secure transactions
- Provides anonymous payment options as you don’t have to give personal details
- Fast payments, particularly when it comes to cashing out winnings
- It has some of the lowest fees for any crypto coin
- Rapidly growing, so you can see a marked increase in your investments
- It’s still not as accessible as other cryptocurrencies such as Bitcoin
- BNB is highly volatile and has massive ebbs and flows with a major plummet in recent years
- Hackers regularly target Binance which also affects BNB value
- You need to register with Binance Exchange to buy Binance Coin
Keeping safe at Binance Coin casinos
Because there is still some confusion as to whether crypto casinos are legal, you may be wondering whether it’s safe to play at once. In short, the answer here is yes. But you do need to take some precautions.
For instance, you should still only be playing at Binance Coin casinos that are fully licensed and have an excellent reputation. It doesn’t matter what currency you are using, a casino that doesn’t have a license is always a risk.
By choosing to play at a licensed casino, you make sure that you have some protection in place. This is because, by having a license, the crypto casino must adhere to specific rules and regulations governing the way they hold and release your funds. It means that withholding funds from you could be a breach of their service and is something a licensed casino can’t actually do.
However, it is important to remember that even with all these safety measures in place, betting with crypto still has some risks. And that’s because if there is an error in the transaction, that’s it. You can’t cancel or charge back the transaction and start over as you can with fiat. This means that you need to be very careful with your transactions at all times so that you don’t lose money accidentally.
Getting Binance Coin
Before you can play at a Binance Casino, you will need to have some Binance Coin. Here is a quick look at how you can do that:
- Find and sign up to a licensed Binance Coin casino
- Purchase crypto from the Binance Coin exchange
- Fund your casino account using your Binance Coin
- Deposit funds using the cryptographic public key linked to your crypto wallet
- Wait for the deposit to go through and have fun playing
Binance is on the rise, so there are more and more BNB casinos for you to choose from. While there are many pros to these types of casinos, it’s still important to select a licensed and registered Binance Coin casino. Choose one from our list and get ready for some fun!
Are Binance coin casinos legal?
Yes, they are. Most countries don’t actually have any regulations on cryptocurrency so there aren’t many restrictions. It means that if you have the legal authority to gamble and there are no restrictions on using crypto, then a Binance casino is perfectly accessible to you.
Should Binance Coin Casinos be licensed?
In the US, yes, absolutely. All online casinos must have a gambling license from the state they operate in if they are to provide their gaming services to American players. Generally, though, Binance casinos apply for international licenses.
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